https://www.taxtmi.com/article/detailed?id=1431 Rising fuel prices tied to exchange rate effects and repeated central bank policy rate increases are jointly fueling inflation and raising banks' cost of funds, prompting higher base and lending rates that reduce affordability and loan origination for housing, consumer durables and personal credit. The combined effect is lower consumer demand and weaker sales during the festive season, while suggested mitigants include supply side relief, productivity improvements, targeted government spending and borrower strategies such as shorter loan tenures to limit interest exposure. en-us Tue, 20 Sep 2011 23:45:26 +0530 Tue, 20 Sep 2011 23:45:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1431 Rising fuel prices tied to exchange rate effects and repeated central bank policy rate increases are jointly fueling inflation and raising banks' cost of funds, prompting higher base and lending rates that reduce affordability and loan origination for housing, consumer durables and personal credit. The combined effect is lower consumer demand and weaker sales during the festive season, while suggested mitigants include supply side relief, productivity improvements, targeted government spending and borrower strategies such as shorter loan tenures to limit interest exposure. Articles Other Topics Tue, 20 Sep 2011 23:45:26 +0530 https://www.taxtmi.com/article/detailed?id=1431